Home > Career > Question
Need Expert Advice?Our Gurus Can Help
Chocko

Chocko Valliappa  |203 Answers  |Ask -

Tech Entrepreneur, Educationist - Answered on Mar 22, 2024

Chocko Valliappa is the founder and CEO of Vee Technologies, a global IT services company; HireMee, a talent assessment and talent management start-up; and vice chairman of The Sona Group of education institutions.
A fourth-generation entrepreneur, Valliappa is a member of Confederation of Indian Industry, Nasscom, Entrepreneurs Organization and Young Presidents’ Organization.
He was honoured by the YPO with their Global Social Impact award in 2018.
An alumnus of Christ College, Bangalore, Valliappa holds a degree in textile technology and management from the South India Textile Research Association. His advanced research in the Czech Republic led to the creation of innovative polyester spinning machinery.... more
Asked by Anonymous - Mar 08, 2024Hindi
Listen
Career

I am from arts background and I choose BCA from amity university ONLINE 1 semesters and it cost around 25 k per semester. And currently due to AI help IT background struggle for job and I want to know my future in this field and how can I got good package salary in future by through this online degree and I know my choices are very wrong but it's just admission issue that I faced because of CUET but let's aside this. And please guide me I have very less time because I am facing some financial crisis. And I don't have much skills to offer any company but I have 2 years to learn.

Ans: I can empathize with you and your conundrum having to address financial, academic and career career options. From what I gather please apply for CEUT exam this year, prepare hard learn and do well to gain admission to a BCA program in a good institution. Once you gain admission in a BCA program, look for ways to look for part time jobs to support your fees. If you stay focused and work hard, your success is assured.
Career

You may like to see similar questions and answers below

Mayank

Mayank Kumar  |189 Answers  |Ask -

Education Expert - Answered on Aug 31, 2023

Listen
Career
How I can complete my B. TECH IN ELECTRONIC AND COMMUNICATION ENGINEERING ONLINE. I HAVE COMPLETED DIPLOMA COURSE IN THIS STREAM AND NOW IN GOVT. JOB. PLEASE TELL ME SOME AICTE APPROVED INSTITUTE TO IMPROVE MY EDUCATIONAL QUALIFICATION WHICH IS HELPFUL FOR MY JOB.
Ans: ​Hi Rajiv, Completing your ​B.Tech in Electronic and Communication Engineering online while maintaining your government job is a ​g​ood idea. There are several AICTE-approved institutes ​available but might have to thorough research before you make an informed career move:

​a) Look for institutes that have a good reputation and offer flexible schedules suitable for working professionals. Some well-known institutions in India that offer online engineering programs include:

Indira Gandhi National Open University (IGNOU)
​Amity University Online
​Sikkim Manipal University Distance Education

​b) Once you've identified institutes, carefully review the course curriculum and syllabus for the B.Tech program they offer. Ensure that the subjects align with your career goals and cover relevant topics in electronic and communication engineering​, and also check the admission requirements for the program​. Since you have completed a diploma course, you might be eligible for lateral entry into the B.Tech program, which could save you some time.

​c) Since you're working, it's important to choose a program that offers flexibility in terms of scheduling and study pace. Look for programs that provide online lectures, recorded materials, and support through digital platforms.​ Also, it is very critical to ensure that the institute and the program you choose are accredited by relevant authorities. AICTE approval is important, but also consider other accreditations​ and alternate skills that might add value to your degree.​ There are several online education companies that might help you achieve that; would advise you to assess your skill competencies and take a call.

​d​) Understand the cost of the program, including tuition fees, examination fees, and any other expenses​ + Compare different institutes to find the one that offers a good balance of quality education and affordability.​ Balancing work, studies, and personal life can be challenging​, hence ensure you plan your schedule effectively to allocate time for studying, assignments, and exams.

​e) Online programs might offer opportunities to interact with fellow students through discussion forums or online platforms. Networking can enhance your learning experience and provide you with a broader perspective.​ Remember that pursuing an online B.Tech program requires dedication and discipline​, and it's a significant commitment,​ so ensure your career goals are aligned with the same.

..Read more

Aashish

Aashish Sood  |100 Answers  |Ask -

CAT, Management Expert - Answered on Mar 08, 2024

Listen
Career
I am Asish Kumar Singh Staying in Bangalore, completed my secondary education in Kolkata from CBSE and Higher Secondary from NIOS as I was not able to pass exam due to my mistake as I missed to see that 6th subject is not entered in my admit card .after wasting 2 years decided to pass from open schooling.Came to Bangalore due to my father new office joined.Joined Degree College in Bachelor of Commerce completed in 2020 (Corona Batch ) .As the market condition was bad I got offer from domestic customer support which I joined after working for 1 years 6 months I decided to further studies for which I joined Online MBA as I also wanted to work and again looking for job and got opportunity from HSBC for UK process but as the process was tough I was able to work only for one year.Now I am jobless and decided to upgrade skills by doing Data Analytics Courses . Please tell me ia this a good decision
Ans: See sometimes there is no good option. You just deal with the cards that you have been handed down

I would say that you took the best course of action that was available to you.

Could there have some other path? Yes. Would it have been better? Maybe or maybe not!

Coming to latest updates, Data analytics is a rapidly growing field, with businesses across industries increasingly relying on data-driven insights to make strategic decisions. This has led to a surge in demand for professionals with expertise in data analytics.

By acquiring skills in data analytics, you open up a wide range of career opportunities in sectors such as finance, healthcare, marketing, e-commerce, and more. Roles could include data analyst, data scientist, business analyst, or data engineer, among others.

..Read more

Latest Questions
Sushil

Sushil Sukhwani  |333 Answers  |Ask -

Study Abroad Expert - Answered on May 04, 2024

Asked by Anonymous - Apr 26, 2024Hindi
Listen
Career
Hi, my daughter is doing +2 (medical) in India. She want to become doctor. What are the options for her to become doctor in US? What she needs to study in US after her +2 (medical) in india?
Ans: Hello. Thank you for connecting with us. It is amazing to hear that she wants to pursue a medical program in the USA. However, let me tell you that before applying to any medical school, international students should make sure they have completed a four-year bachelor's degree with all of the prerequisite classes needed for the particular medical school being applied to. The prerequisites vary as per the school, but almost all schools require the students to have studied the following science courses: biology, general chemistry, and organic chemistry. Some schools may also require that you have taken other humanities, English, mathematics, and science classes as well, so make sure you look into medical schools while you are still an undergraduate so you can choose your classes appropriately. You will also need to have completed the MCAT test, which stands for Medical College Admissions Test. The test will determine your ability to think critically, problem-solve, and write clearly, as well as measure your knowledge of various scientific concepts. A good score on the MCAT is key to getting into a good medical school. International students must complete a pre- med program, which may take 1-2 years to complete at a US university, to start a degree in medicine in the country. The student will then be required to complete a 4.5-year degree after the pre- med to be awarded an MD degree under AUAMED.

For any further queries, please get in touch with us. We have a team of expert counselors who can guide you through any concerns or questions you may have

...Read more

Ramalingam

Ramalingam Kalirajan  |1368 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Listen
Money
Sir, I am 72 years old and want to invest Rs 15 lac in M.F, in swp.already invested 22 lac in MF .I am high risk taker . I want swp amount after one year. Please suggest M.F schemes . Thanks
Ans: Given your risk appetite and requirement for SWP after one year, it's crucial to focus on mutual fund schemes that offer potential for high returns while considering the relatively short investment horizon. Here are some suggestions:

Large & Midcap Funds: These funds invest in a mix of large-cap and mid-cap stocks, offering a balance between growth potential and stability. Look for schemes with a track record of consistent performance and experienced fund management.
Sectoral/Thematic Funds: If you have specific sectoral preferences and are willing to take higher risks, you can consider investing in sectoral or thematic funds. These funds focus on specific sectors or themes like technology, healthcare, or infrastructure, offering the potential for higher returns but also higher volatility.
Aggressive Hybrid Funds: Aggressive hybrid funds invest primarily in equities with a smaller allocation to debt instruments. They are suitable for investors seeking growth with relatively lower volatility compared to pure equity funds.
Flexi Cap Funds: These funds have the flexibility to invest across market capitalizations based on market conditions. They offer a dynamic approach to asset allocation and can adapt to changing market trends.
Mid & Small Cap Funds: If you have a higher risk tolerance and a longer investment horizon, mid and small-cap funds can potentially offer higher returns. However, they also come with higher volatility and risk, so careful selection and monitoring are essential.
When selecting mutual fund schemes, focus on factors such as fund performance track record, fund manager's experience and strategy, expense ratio, and risk-adjusted returns. Additionally, consider diversifying your investments across multiple schemes to spread risk.

It's advisable to consult with a certified financial planner or investment advisor who can assess your financial situation, risk tolerance, and investment goals to provide personalized recommendations aligned with your needs and preferences.

...Read more

Ramalingam

Ramalingam Kalirajan  |1368 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Asked by Anonymous - Jan 29, 2024Hindi
Listen
Money
I have been laid off by my company and I have a PF balance of around 22 lacs. I read we are allowed to withdraw 75% if we are laid off and being unemployed at least for a month. I am thinking if it is a good idea to withdraw this 75% and invest in diverse options like mutual funds, FDs or corporate bonds which give better interest? I see mutual fund options in many apps these days with some good performing funds giving 33% returns on 3-year average. So should I consider investing at least 50% of my PF corpus in that option and balance in others? Please advice.
Ans: I'm sorry to hear about your job loss. With regards to your PF withdrawal, it's essential to carefully consider your options before making any decisions.

PF Withdrawal: Yes, you are eligible to withdraw up to 75% of your PF balance if you are unemployed for at least a month. However, withdrawing this amount means depleting your retirement savings, so it's crucial to evaluate the long-term implications.
Investment Options:
Mutual Funds: Mutual funds can offer potentially higher returns compared to traditional options like FDs. However, they also come with market risk, and past performance is not indicative of future results. Consider investing in a diversified portfolio of mutual funds across different asset classes and fund categories to mitigate risk.
FDs: FDs provide stable returns and capital protection but offer relatively lower returns compared to equity investments. They can be suitable for short to medium-term goals and for preserving capital.
Corporate Bonds: Corporate bonds can provide higher returns than FDs but carry credit risk associated with the issuer's ability to repay the debt. Investing in highly-rated corporate bonds or bond funds can offer a balance of risk and return.
Asset Allocation: Consider diversifying your investments across different asset classes to manage risk effectively. You may allocate a portion of your PF withdrawal to mutual funds for growth potential, while also keeping a portion in safer options like FDs or bonds for stability.
Financial Planning: Before making any investment decisions, I strongly recommend consulting with a Certified Financial Planner (CFP) or a qualified financial advisor. They can assess your financial situation, understand your goals and risk tolerance, and provide personalized recommendations aligned with your needs and objectives.
Emergency Fund: Ensure you have an adequate emergency fund to cover your living expenses for at least 6-12 months in case of unexpected financial setbacks.
Overall, prioritize prudence and long-term financial stability when deciding how to utilize your PF corpus. It's essential to strike a balance between risk and return based on your financial goals and circumstances.

...Read more

Ramalingam

Ramalingam Kalirajan  |1368 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Listen
Money
Hello sir, All our corpos mostly 90% is in debt(in the form of FDR's, SSSC, LIC etc) and rest 10% in MF and ULIP. I am 32 years and my mother is 61 years. I am working professional in tier 2 city and mother is retired from government job. I am seeking a financial advice to balance out the investments in debt and want some exposure in equity by investing through MF's. We have a total of 3 cr in debt and approx 40 lacs in equity market. Please suggest us the suitable mix so that our corpus would also grow and expenses would also meet out. Our total expenses per month would be around 35 K. Please also suggest the names of mutual funds to start investing?? Regards, Bharat Manik
Ans: Hello Bharat,

It's commendable that you're seeking to balance your investments and diversify into equity through mutual funds. Here's a tailored recommendation for you and your mother:

Balancing Debt and Equity:

Emergency Fund: Ensure you have an emergency fund equivalent to at least 6-12 months of expenses kept in liquid instruments like savings accounts or short-term debt funds.
Debt Investments: Since you already have a substantial portion of your corpus in debt instruments, continue to maintain this allocation to ensure stability and regular income. Consider diversifying across different types of debt instruments for optimal risk management.
Equity Investments: Given your age and long-term investment horizon, it's prudent to gradually increase your exposure to equity through mutual funds. Start with allocating a portion of your investable surplus to equity funds.
Suitable Mutual Funds:

Diversified Equity Funds: Look for well-managed diversified equity funds with a proven track record of consistent performance. These funds offer exposure to a broad range of stocks across sectors and market capitalizations.
Balanced Advantage Funds: These funds dynamically manage the equity-debt allocation based on market conditions, making them suitable for investors seeking a balanced approach.
Large Cap Funds: Consider large-cap equity funds for stability and lower volatility. These funds invest in large, established companies with a track record of stable earnings.
Hybrid Funds: Opt for hybrid funds, which invest in both equity and debt instruments, offering a balanced approach to risk and return.
For personalized recommendations and to ensure your investment strategy aligns with your financial goals and risk tolerance, I recommend consulting with a Certified Financial Planner (CFP) or a qualified financial advisor. They can provide customized guidance based on your unique circumstances and help you navigate the complexities of financial planning.

...Read more

Ramalingam

Ramalingam Kalirajan  |1368 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Asked by Anonymous - Apr 05, 2024Hindi
Listen
Money
Hi Sir/Madam I have invested in various equity funds of different AMCs. Can I get any app or some kind of reliable advisor who can track my investments and suggest switching from non performing funds to performing funds. My goal is just wealth multiplication and I am aware of market fluctuations. During Covid, remained invested in all my equity mutual funds. Kindly guide.... Thanks and Regards
Ans: For personalized advice and guidance on your mutual fund investments, I recommend consulting a Mutual Fund Distributor (MFD) who holds Certified Financial Planner (CFP) credentials. MFDs with CFP qualifications can provide comprehensive financial planning services tailored to your specific goals, risk tolerance, and investment preferences.

Here are some benefits of working with an MFD with CFP credentials:

Holistic Financial Planning: A CFP-certified MFD can help you create a comprehensive financial plan that aligns with your long-term goals, including wealth multiplication through mutual fund investments.
Personalized Advice: They can offer personalized investment advice based on your individual financial situation, risk profile, and investment objectives.
Portfolio Review and Optimization: An MFD with CFP credentials can regularly review your mutual fund portfolio, identify underperforming funds, and recommend suitable switches to potentially better-performing funds.
Risk Management: They can assess your risk tolerance and recommend an investment strategy that balances risk and return to help you achieve your financial goals.
Regular Monitoring and Rebalancing: CFP-certified MFDs can provide ongoing monitoring of your investments and rebalance your portfolio as needed to ensure it remains aligned with your objectives.
By working with an MFD who is also a Certified Financial Planner, you can benefit from personalized, professional advice and guidance to make informed decisions about your mutual fund investments and overall financial plan.

...Read more

Ramalingam

Ramalingam Kalirajan  |1368 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Listen
Money
Hello Sir, I have the following Mutual Funds Investments, request you to let me know if these can be continued with or need to discontinue any of them, also please let me know new good performing funds to invest in. One time investment: (1) ICICI/ India Opportunities Fund - Growth - ?2,50,000, (2) ICICI/ Value Discovery Fund - Growth - ?2,50,000, (3) ICICI / Transporation & Logistics Fund - Growth - ?2,00,000. SIP Monthly: (4) Axis Flexi Cap Fund - Regular Plan - ?5,000, (5) Canara Robeco Emerging Equities - Regular Plan - ?5,000, (6) Aditya Birla SL Focused Equity Fund(G) - â‚15,000, (7) HDFC Mid-Cap Opportunities Fund(G) - ?5,000, (8) ICICI Pru Bluechip Fund(G) - ?5,000, (9) Axis Small Cap Fund - Regular Plan - ?5,000, (10) ICICI Prudential Technology Fund - Growth - ?5,000, (11) L&T Midcap Fund - HSBC Midcap Fund - ?5,000, (12) ICIPRU Multi-Asset Fund - Growth - ?5,000, (13) ICIPRU Value Discovery Fund - Growth - ?5,000. Thank You.
Ans: Based on your current Mutual Funds Investments, here are some recommendations:

Existing Investments:
ICICI India Opportunities Fund: Review the fund's performance and consider its alignment with your investment objectives. If it continues to meet your goals and performs well, you can consider keeping it.
ICICI Value Discovery Fund: Similar to the above, assess its performance and suitability. If it has delivered satisfactory results and fits your investment strategy, you may continue with it.
ICICI Transportation & Logistics Fund: Evaluate the fund's performance and prospects in the current market scenario. If you're confident in its future growth potential, you can maintain your investment.
New Fund Recommendations:
Consider diversifying your portfolio by adding funds from different categories such as large-cap, mid-cap, and flexi-cap.
Look for funds with a consistent track record of performance, experienced fund managers, and a robust investment strategy aligned with your risk profile.
Conduct thorough research or seek advice from a Certified Financial Planner or Mutual Fund Distributor to identify suitable options based on your financial goals and risk tolerance.
Review and Adjustments:
Regularly review the performance of your existing investments and make adjustments as needed based on changes in market conditions, fund performance, and your financial goals.
Monitor the expense ratios, fund manager's track record, and the overall portfolio diversification to ensure optimal investment outcomes.
By carefully assessing your existing investments and making informed decisions about new fund allocations, you can build a well-balanced and diversified Mutual Funds portfolio that aligns with your long-term financial objectives.

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x